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The Yen Hit an 18-Year Low Against the Pound, Briefly Trading in the Low 217 Yen Range, as Concerns About Worsening UK Finances Subsided.
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In the foreign exchange market, the yen fell against the British pound, briefly reaching the low 217 yen range against the pound on the 7th, the weakest level for the yen against the pound in 18 and a half years, since January 2008. This decline in the yen against major currencies was driven by easing concerns about the UK's worsening fiscal situation, leading to yen selling against the pound…
·Japan
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